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International Business Times

Business

Marvie Basilan

$DJT Soars Amid Unconfirmed Report It Is Trump's Official Memecoin

Donald Trump MAGA Trump DJT Mike Solana David Bailey Crypto blockchain

There are many Donald Trump-themed memecoins in the market, but a Solana token broke the crypto community on X amid a rumor that the Republican presidential candidate was launching an official token. (Credit: AFP)

KEY POINTS

$DJT skyrocketed by over 477% in the last 24 hours as rumors swirled around the memecoin
Mike Solana clarified that he didn't hear the news directly from the former president
Other political memecoins slumped following the rumors

Trump-themed Solana memecoin DJT saw significant activity in the last 24 hours after a report by The Pirate Wires said the former President Donald Trump is launching "an official token" called DJT on the Solana blockchain.

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